Comment_The Five Minds of a Manager

After reading this book, I realized that I already use a lot of the things that Focazio focuses on. I decided I would use this assignment to reveal what I do when I’m not being a fulltime student. Since I can remember, I was raised to be a super hero. I was raised in a life where magic wasn’t a myth and extraordinary powers were a common everyday thing. I decided to go through things in the book I liked a lot and relate them to things I’ve learned from becoming the hero that I am today. I’ll begin with Focazio’s first of the three keys to unlock the problem of job dissatisfaction. You have to have fun to become successful. Being a superhero isn’t all the hype it’s made up to be. There is a lot of hard work that goes into training

One Minute Manager is a short story written by Kenneth Blanchard and Spencer Johnson. The story is about a young man who is in search of an effective manager because not only did he want to work for one but he is also wanted to become one. His search for this ideal manager took him to many places and made him interact with a lot of different individuals. He wasn’t pleased with what he encountered and he began to notice that most of the people he interviewed would fall into two categories: those who were interested in results and those were interested in people meaning their employees. He continued his search until he began to hear amazing stories about a manager that lived nearby. The young man met with this

1. Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality.

I read the book, “First, Break All The Rules: What The World’s Greatest Managers Do Differently” written by Marcus Buckingham and Curt Coffman. The book explains their views and how they hang onto their gifted workers. You should consider reading this book if you are in management. Marcus and Curt describe the myths of normal management thinking. Some of the concepts that the two describe are people are capable of almost anything, treat others as you like to be treated, and a manager’s role is diminishing in today’s economy. The authors write, “Great managers are revolutionaries." ”This book will take you inside the minds of these managers to explain why they have toppled conventional wisdom and reveal the new truths they have forged in its place.”

Research by Hooley, Saunders, Piercy, and Nicoulaud (2008) supports the concept of Peter Doyl, a doctor of media and mass communication, that few companies are successful at surpassing the mindset of flooded advertisement, short-term sales growth and flamboyant innovation ideas to accomplish what Doyl calls a robust marketing strategy that produces longevity and shareholder value. Doyl categorizes marketing strategies into three levels of radical, rational and robust strategies. In a radical strategy, companies achieve spectacular growth in sales and profits but fail to create long-term customers and shareholder value through superior products and services. A rational strategy accomplishes

This article actually shows how managers could benefit by understanding behaviors and adapt more quickly to

The management’s view of the sales issue and field-based perceptions are different. For example, the management believes that the company has kept pace with the business but he market perception is that it has not and still a premium company which only a few can afford. Though there are products, which are priced competitively, but this has not been communicated to the customers adequately.

The four functions of a manager are planning, organizing, leading, and controlling. These are key elements that managers must understand to run a successful organization. I will view each concept as well as their roles to acknowledge how these functions have been related to my personal experience in the work environment. Behind the scenes of a manager, they spend an equal amount of time planning so that he or she can successfully achieve the leading and controlling functions. These functions are standard for any industry that is striving to maintain a strong organization. While reviewing this paper, try to think of the four functions as a method that is established to build on each other. The four functions must be performed efficiently, and when done correctly, an organization will reap the accomplishments from a well-defined plan. My own experiences of how the four functions operate illustrates that each role requires a manager to devote time and patience in order to ensure that the main principles are achieved.

The case study starts off by introducing Tricia Monet and how she was hired by the company Personal Reflections as an assistant manager for the Sioux City Store. Tricia was a middle child that had come from a family that was very close. (Note: this probably led/taught her to want to get along with those around her) Tricia had received a bachelor’s degree in accounting and her only real work experience had come from an accounting firm job that she worked for less than one year. The organization had a very structured hiring and training program, however the company lacked any formal ongoing/follow-up training program. Personal Reflection hiring practices included not allowing the store manager

This is another common business orientation. It holds that consumers and businesses, if left alone, will ordinarily not buy enough of the selling company’s products.  The organization must, therefore, undertake an aggressive selling and promotion effort.  This concept assumes that consumers typically show buying inertia or resistance and must be coaxed into buying.  It also assumes that the company has a whole battery of effective selling and promotional tools to stimulate more buying. Most firms practice the selling concept when they have overcapacity.  Their aim is to sell what they make rather than make what the market wants.

The following Case Analysis details the many aspects of being a manager during times of success and struggle. Ron Bent, a plant manager at Engstrom Auto Mirror plant in Indiana, implements a bonus incentive plan in order to raise morale and productivity in his company. The following analysis will demonstrate how at its inception, the plan is successful in its goals, but eventually starts to decline when a downturn hit the industry. In this paper, several recommendations will be made on whether or not the Scanlon plan should be abandoned, and strategies Ron Bent can take to increase performance at the Engstrom Auto Mirror Plant.

The New One Minute Manager by Ken Blanchard and Spencer Johnson is the new edition business classic on managing your work and life. The book explores the same underlying principles as its original, however, updated in response to the rapidly changing world of business. Today’s organizations are required to respond faster, but with fewer resources and the challenge of advancing technology. In contrast to the old top-down management style, effective leadership is currently defined by more of a side-by-side relationship. Today, people are looking for a balance between their work and home lives, something the New One Minute Manager recognizes, and treats his employees accordingly.

As a current second year business student, enrolled in the Business Administration Program at the University of Prince Edward Island. I am currently interested in owning and running a business myself such as a bar. It was made apparent to me that you have indeed managed a bar in your past. If possible, I would like to ask you a few questions about what it was like running a bar and what to expect if I carry through with opening up my own bar.

This project is a very complex type and while it has many potential benefits it also has many potential problems. Coming into the project, the manager Mike was allotted with a limited amount of time to reach the project completion state for the product, making his decisions and input for project planning crucial. Throughout the case study you see many potential problems Mike could encounter throughout this project through his interactions with various stakeholders. The potential problems include: the stakeholders rush for an uncertain product to be put into the development phase, the final formula for the product yet to be developed, open questions about remaining additives/colors for formula, project completion dictated solely by project manager with no input from other stakeholders, product rationale is missing, potential change of staff which could affect estimates, designers lack of deliverables to progress in terms of specifications and regulatory documents, the lack of focus on testing/quality assurance. The final and most glaring issue is the lack of knowledge of which portions of the project can be ran in parallel and which must be ran in sequence.

Leadership plays an imperative part for the growth and success of any firm or business. Theses days leaders are more professional and they possess reasonable thoughts and plans the to change dreams into reality (Bennis, 1992). There are many styles of leadership theories to support a theory of a particular manager.There are many theories like contingency theory,Transformational leadership,behavioural theory,participative theory,management theory etc.All these theories support the behaviour of the manager in an organization (Schneider, A., & Schröder, T.,2012).Transformational Leadership is one such theory which has defined the type of leadership technique a manager uses to inspire positive changes in those who follow.These type of managers are generally dynamic,vehement,fervid. I will be using this theory in my essay to explain the behaviour of a manager. The manager I interviewed is an IT Manager working in Cognizant information consulting company in Pune,Maharashtra in India. She is a very knowledgeable and a skillful individual. She has previously worked for TATA consultancy services,Bangalore in India before relocating to Pune.Cognizant information consulting company is an IT company is an American multinational company that provides consulting and business outsourcing services which includes business & technology consulting,system integration,application development & maintenance,IT infrastructure services,analytics,business intelligence,data warehousing etc.She leads